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    3400 25Th St Des Moines, IA 50317

    Sponsored
    For Sale
    $500,000

    1.7-Acre Bank Building, 7 Drive-Thrus

    Property size:
    1,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,018 square foot freestanding retail building presents a unique redevelopment opportunity in Des Moines, Iowa. Situated on a substantial 1.7-acre lot, this property boasts a prime location, just one minute from I-235, and surrounded by thriving businesses including Hy-Vee, Walgreens, and numerous restaurants. Built in 1978, the structure features reinforced concrete construction with bullet-resistant glass, a testament to its robust build quality. The property's zoning, designated MX3, allows for a wide range of potential uses, maximizing its investment potential. A key feature is the existing seven drive-thru lanes, offering significant flexibility for future development. The asking price is $500,000, translating to $491.16 per square foot. This single-story building presents a rare chance to acquire a strategically located property with significant upside in a bustling Des Moines commercial corridor. The substantial lot size and flexible zoning provide ample room for expansion or repurposing, making this an ideal investment for developers and entrepreneurs seeking a high-impact project. The property's proximity to major transportation arteries and established businesses ensures high visibility and accessibility. This is a truly remarkable opportunity to acquire a well-constructed, strategically positioned property with significant potential for growth and return.

    Property Features for 3400 25Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,018 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    HighLights

    • $500,000 asking price for a 1,018 SF retail building on a 1.7‑acre lot in Des Moines, IA.
    • MX3 zoning allows for diverse redevelopment opportunities.
    • Features reinforced concrete construction and bullet‑resistant glass.
    • Built in 1978, the single‑story building includes seven drive‑thru lanes.
    • Prime location, one minute from I‑235, near Hy‑Vee, Walgreens, and restaurants.
    • Property includes 1 building on a 1.7‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo Drive-Up ... Bank

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Clothing Store Auto Repair Shop Gym & Fitness Daycare Center Discount Store Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5712059
    Latitude
    41.6262715

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    FAQs

    What type of property is this?
    Individual retail property - 1.7-Acre Bank Building, 7 Drive-Thrus
    Where is this individual retail property located?
    The property is located at 3400 25Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for a 1,018 SF retail building on a 1.7-acre lot in Des Moines, IA.; MX3 zoning allows for diverse redevelopment opportunities.; Features reinforced concrete construction and bullet-resistant glass.
    Request Owner's contact information
    3400 25Th St Des Moines, IA 50317
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    Des Moines, IA 50317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3400 25Th St Des Moines, IA 50317
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